Renaissance Technologies LLC Acquires Shares of 11,800 iShares U.S. Transportation ETF (BATS:IYT)

Renaissance Technologies LLC purchased a new stake in shares of iShares U.S. Transportation ETF (BATS:IYT) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 11,800 shares of the exchange traded fund’s stock, valued at approximately $797,000. Renaissance Technologies LLC owned 0.09% of iShares U.S. Transportation ETF at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in IYT. Barclays PLC lifted its holdings in shares of iShares U.S. Transportation ETF by 48.7% in the third quarter. Barclays PLC now owns 297,319 shares of the exchange traded fund’s stock valued at $20,488,000 after purchasing an additional 97,319 shares in the last quarter. LPL Financial LLC lifted its stake in iShares U.S. Transportation ETF by 55.0% in the 4th quarter. LPL Financial LLC now owns 272,954 shares of the exchange traded fund’s stock worth $18,443,000 after acquiring an additional 96,850 shares in the last quarter. Albion Financial Group UT acquired a new stake in iShares U.S. Transportation ETF during the 4th quarter worth about $4,334,000. Raymond James Financial Inc. purchased a new position in iShares U.S. Transportation ETF during the 4th quarter valued at about $3,755,000. Finally, Cox Capital Mgt LLC acquired a new position in shares of iShares U.S. Transportation ETF in the 4th quarter valued at about $3,565,000.

iShares U.S. Transportation ETF Stock Performance

Shares of IYT opened at $60.75 on Friday. The company has a market capitalization of $574.05 million, a PE ratio of 15.75 and a beta of 1.20. The company’s 50 day moving average price is $62.95 and its 200 day moving average price is $68.22. iShares U.S. Transportation ETF has a 52 week low of $54.02 and a 52 week high of $75.59.

iShares U.S. Transportation ETF Company Profile

iShares Transportation Average ETF (the Fund), formerly iShares Dow Jones Transportation Average Index Fund, is an exchange-traded fund (ETF). The Fund seek investment results that correspond generally to the price and yield performance, before fees and expenses, of Dow Jones Transportation Average Index.